NOT LISTED FOR SALE

450 Island View Dr Penhook, VA 24137

Estimated Value: $3,399,000 - $5,282,000

4 Beds
5.5 Baths
6,480 Sq Ft
$685/Sq Ft Est. Value

Last Sold August 19, 2015

Last sale price $2,600,000 $401 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $24,819/month

417 Days on Market

Highlights

  • 229 Feet of Waterfront
  • Golf Course Community
  • Living Room with Fireplace
  • 2 Dock Slips
  • Contemporary Architecture
  • No HOA

About This Home

As of August 2015

Landmark Home with Jaw Dropping 360 Degree Views - Smith Mtn, Island Green, Sunrise & Sunsets. More than 80% new in 2010. Outdoor kitchen, wine cellar, exercise room, huge double slip dock, beach. See interactive virtual tour for floor plans & complete photos. Truly amazing property. ''Adjoining lot available. Call agent for details''

Last Agent to Sell the Property

Jane Sullivan Horne

BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE License #0225147263 Listed on: 04/21/2014

BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE

Last Buyer's Agent

Jane Sullivan Horne

BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE License #0225147263 Listed on: 04/21/2014

BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE

Property Details

Home Type

  • Manufactured Home

Est. Annual Taxes

  • $10,909

Year Built

  • Built in 1995

Lot Details

  • 0.55 Acre Lot
  • 229 Feet of Waterfront
  • Cul-De-Sac
  • Level Lot

Parking

  • 2 Car Attached Garage

Home Design

  • Single Family Detached Home
  • Manufactured Home
  • Contemporary Architecture
  • Stone Siding
  • Hardboard

Interior Spaces

  • Living Room with Fireplace
  • 2 Fireplaces
  • Recreation Room with Fireplace
  • Property Views

Kitchen

  • Built-In Oven
  • Cooktop
  • Built-In Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Main Level Bedroom

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Outdoor Features

  • Personal Watercraft Lift
  • Dock has a Storage Area
  • Boat Hoist or Davit
  • 2 Dock Slips
  • Covered Dock
  • Covered Patio or Porch

Schools

  • Glade Hill Elementary School
  • Ben Franklin Middle School
  • Franklin County High School

Utilities

  • Zoned Heating and Cooling
  • Heat Pump System
  • Underground Utilities
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 74

Community Details

Overview

  • No Home Owners Association
  • The Waters Edge Subdivision

Amenities

  • Restaurant

Recreation

  • Golf Course Community

Property Details

Home Type

Manufactured Home

Est. Annual Taxes

$10,909

Year Built

Built in 1995

Lot Details

0

Listing Details

  • Heating System: Heat Pump Electric, Zoned Heat
  • Fireplace(s): Living Room, Recreation Room
  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Has Basement: Walkout - Full
  • Major Appliances: Clothes Dryer, Clothes Washer, Cook Top, Dishwasher, Microwave Oven (Built In), Refrigerator, Wall Oven
  • Cooling System: Heat Pump Electric, Zoned Cooling
  • Outside Features: Covered Porch, Patio
  • Views: Sunrise, Sunset
  • BedroomsBREntryLevel: 1
  • BedroomsBRLowerLevel: 2
  • BedroomsBRUpperLevel: 1
  • EntryAboveGrdFin Sq Ft: 3892.00
  • Fireplace Number Fireplaces: 2
  • FullBathsFullBathsEntryLvl: 1
  • FullBathsFullBathsLowerLvl: 2
  • FullBathsFullBathsUpperLvl: 2
  • Grand Total Attached S Q F T: 6480
  • HalfBathsHalfBathsEntryLvl: 1
  • LaundryLaundryEntryLevel: 1
  • LengthOfWaterfront: 229.00
  • LowerBelowGrdFin Sq Ft: 2588.00
  • Major Area: 04 - Franklin County
  • MasterBedroomsMasterBREntryLvl: 1
  • NumberPrimCovSpaces: 2.00
  • Hoa2 Or Poa: No
  • PrimCoveredPrking: Garage Attached
  • RatifiedContractDt: 2015-06-12
  • Residential Type: Detached
  • Style Of House: Contemporary
  • Total Above Grd Fin S Q F T: 3892
  • TotalBdrm: 4
  • TotalBths: 5.10
  • TotalCovdPrkSpc: 2.00
  • TotalFBaths: 5
  • Total Finished Sq Ft: 6480.00
  • TotalHBaths: 1
  • Water Class: Waterfront Property
  • WaterDetailsNumberCoveredSlips: 2
  • WaterID: Smith Mtn Lake
  • YardSign: No
  • Special Features: None
  • Property Sub Type: MobileManufactured
  • Stories: 1

Interior Features

  • Basement YN: Yes

Exterior Features

  • Porch: Front Porch, Rear Porch

Utilities

  • Sewer Description: Private Septic - 4BR
  • Water Description: Public Water

Association/Amenities

  • Misc Features: Cable TV, Cul-de-sac, Other - See Remarks, Underground Util

Schools

  • Elementary School: Glade Hill
  • Middle School: Ben Franklin Middle
  • High School: Franklin County

Lot Info

  • Lot Description: Level Lot, Views
  • Property Group Id: 19990816212109142258000000
  • Total Acreage: 0.55
  • Lot: 74

Green Features

  • Water Features: Point

Building Info

  • Year Built: 1995

Tax Info

  • Taxes (6 mo): 10908.70
  • FILLTAXID: 0510607400

MLS Schools

  • Elementary School: Glade Hill
  • HighSchool: Franklin County
  • Middle School: Ben Franklin Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 21, 2014
Closed on
Aug 12, 2015
Sold by
Carson Stephen T and Carson Patricia L
Bought by
Harding William E and Harding Carol A
Seller's Agent
Jane Sullivan Horne
BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE
Buyer's Agent
Jane Sullivan Horne
BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE
List Price
$2,699,000
Sold Price
$2,600,000
Premium/Discount to List
-$99,000
-3.67%
Current Estimated Value
$4,439,428

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,839,428
Avg. Annual Appreciation
5.39%
Original Mortgage
$2,000,000
Outstanding Balance
$1,571,383
Interest Rate
4%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$2,868,045
Source: Public Records

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Harding William E $2,600,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Harding William E $2,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/19/2015 08/19/15 Sold $2,600,000 -3.7% $401 / Sq Ft
06/12/2015 06/12/15 Pending -- -- --
04/21/2014 04/21/14 For Sale $2,699,000 -- $417 / Sq Ft
Source: Roanoke Valley Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $18,431 $4,286,300 $1,310,000 $2,976,300
2023 $16,996 $2,786,300 $1,305,000 $1,481,300
2022 $16,996 $2,786,300 $1,305,000 $1,481,300
2021 $16,996 $2,786,300 $1,305,000 $1,481,300
2020 $16,996 $2,786,300 $1,305,000 $1,481,300
2019 $13,962 $2,288,800 $1,005,000 $1,283,800
2018 $13,962 $2,288,800 $1,005,000 $1,283,800
2017 $12,588 $1,983,400 $830,000 $1,153,400
2016 $12,588 $1,983,400 $830,000 $1,153,400
2015 -- $1,983,400 $830,000 $1,153,400
2014 -- $1,983,400 $830,000 $1,153,400
2013 -- $1,983,400 $830,000 $1,153,400
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2015

    Jane Sullivan Horne

    BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE

    (540) 493-1690

    48 in this area

    108 Total Sales

    Jane Sullivan Horne
    Section Image
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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 803004

Roanoke Valley Association of REALTORS®

APN: 0510607400

Virginia Franklin County Penhook 24137

450 Island View Dr, Penhook, VA

This home is located at 450 Island View Dr, Penhook, VA 24137 since 21 April 2014 and is currently estimated at $4,439,428, approximately $685 per square foot. This property was built in 1995. 450 Island View Dr is a home located in Franklin County with nearby schools including Glade Hill Elementary School, Benjamin Franklin Middle School, and Franklin County High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Roanoke Valley Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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